As owners of healthcare facilities increasingly pursue expansions and renovations to meet the growth demands of their patient communities, JLL (NYSE: JLL) is expanding its healthcare-focused real estate services by acquiringCLEO Construction Management (CLEO), a prominent construction project management services firm that specializes in medical facilities.
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Walgreens property located at 2261 South Sterling Avenue in Independence, MO for $4,675,000
The Goldman Sachs Group, Inc. (NYSE: GS) today announced that it will target $1 billion of renewable energy bond arrangements to expand clean energy in Japan
Congresswoman Suzan DelBene (WA-01) today opposed a bill that would restrict government investments in science, technology and innovation based on partisan ideology. The bill makes specific cuts to programs designed to combat climate change, promote energy efficiency and spur renewable energy research and development
Today, U.S. Senator Maria Cantwell (D-Wash.), ranking member of the Senate Energy and Natural Resources Committee, discussed her energy workforce bill and urged consideration of carbon reduction technologies. She also raised concerns with existing coal leasing policies, which fail to ensure a fair return to taxpayers or account for carbon pollution.
The Office of the Comptroller of the Currency (OCC) today published the latest edition of its Community Developments Investments electronic newsletter entitled "Small Multifamily Rental Property Financing.”
Fannie Mae (FNMA/OTC) priced its fifth Multifamily DUS® REMIC in 2015 totaling $1.04 billion under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on May 12, 2015.
While the commercial market still faces its share of challenges, Realtors® specializing in commercial real estate expressed confidence in the marked improvement seen in the market over the last year at a commercial economic issues and trends forum at the REALTORS® Legislative Meetings & Trade Expo.
The Energy Department's National Renewable Energy Laboratory (NREL) and the China PV Investment and Finance Alliance (CPVFA) have formed a collaboration with the goal of opening wide-scale and diverse sources of investment for solar photovoltaic (PV) asset development in China
The Mayor was selected in November as a 2015 Rose Center Fellow, which affords Pittsburgh guidance on land use challenges from a team of national design experts. In February a team of Rose Center officials visited Hazelwood and forwarded recommendations for the use of the Almono site.
Congressman Xavier Becerra (CA-34), Chairman of the House Democratic Caucus, released the following statement after the Department of Labor announced that the economy had added 223,000 jobs in April
Real estate executives from around the world listened to experts in matters concerning legalized cannabis during The Counselors of Real Estate professional association’s recent midyear conference in Denver. Colorado is one of four states where both recreational and medical cannabis are legal, although several states are considering following suit. Counselors attended the session to learn how Denver real estate has been affected by the production, sale and consumption of the plant. An investor, an attorney and a broker explained the impact on real estate from a variety of professional perspectives
Republicans’ Energy and Water Appropriations Bill Slashes Investments in New Energy Technologies, Restricts Environmental...
House Democratic Whip Steny H. Hoyer (MD) released the following statement today in opposition to House Republicans' Energy and Water appropriations bill
Hanley Investment Group, a nationally-recognized boutique real estate brokerage and advisory firm specializing in retail property sales, announced today that Hanley Investment Group's President Ed Hanley arranged the sale of a 59,500-square-foot Best Buy, located in Boca Raton, Florida, in an off-market transaction. The single-tenant triple-net leased property located on 4.7 acres sold for $11.5 million. The buyer, Magi Henderson LLC, has ties to Santa Monica, California-based Pacific Star, a real estate investment trust. The seller, Palmer Chicago Investment Company, a California general partnership, is affiliated with Black Equities Group of Beverly Hills, Calif.
The bill would alter the Foreign Investment in Real Property Tax Act of 1980 which requires foreign investors to pay taxes on profits earned when selling properties or real estate securities in the United States. It also exempts from the FIRPTA tax foreign pension funds investing in commercial real estate.